MFS Municipal Income Trust Company Profile (NYSE:MFM)

About MFS Municipal Income Trust (NYSE:MFM)

MFS Municipal Income Trust logoMFS Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies or instrumentalities. The Fund invests in industries, including healthcare, tobacco, water and sewer utility, universities-colleges and universities-secondary schools. It has investments in areas, including Alabama, Alaska, Arizona, California, Colorado and Florida. The Fund's investment advisor is Massachusetts Financial Services Company (MFS).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed-End Fund - Debt
  • Sub-Industry: N/A
  • Symbol: NYSE:MFM
  • CUSIP: N/A
  • Web: N/A
Average Prices:
  • 50 Day Moving Avg: $7.08
  • 200 Day Moving Avg: $6.88
  • 52 Week Range: $6.51 - $7.63
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Misc:
  • Average Volume: 74,652 shs.
  • Beta: 0.01
 

Frequently Asked Questions for MFS Municipal Income Trust (NYSE:MFM)

What is MFS Municipal Income Trust's stock symbol?

MFS Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFM."

How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?

MFS Municipal Income Trust declared a monthly dividend on Tuesday, May 2nd. Investors of record on Thursday, May 18th will be paid a dividend of $0.033 per share on Wednesday, May 31st. This represents a $0.40 annualized dividend and a yield of 5.56%. The ex-dividend date is Tuesday, May 16th. This is an increase from MFS Municipal Income Trust's previous monthly dividend of $0.03. View MFS Municipal Income Trust's Dividend History.

Who are some of MFS Municipal Income Trust's key competitors?

How do I buy MFS Municipal Income Trust stock?

Shares of MFS Municipal Income Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of MFS Municipal Income Trust stock cost?

One share of MFS Municipal Income Trust stock can currently be purchased for approximately $7.12.

Analyst Ratings

Consensus Ratings for MFS Municipal Income Trust (NYSE:MFM) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for MFS Municipal Income Trust (NYSE:MFM)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for MFS Municipal Income Trust (NYSE:MFM)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for MFS Municipal Income Trust (NYSE:MFM)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for MFS Municipal Income Trust (NYSE:MFM)
Next Dividend:5/31/2017
Annual Dividend:$0.38
Dividend Yield:5.34%
Dividend Growth:-5.00% (3 Year Average)
Payout Ratio:
Dividend Payments by Quarter for MFS Municipal Income Trust (NYSE:MFM)

Dividend History by Quarter for MFS Municipal Income Trust (NYSE:MFM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/2/2017monthly$0.035.61%5/16/20175/18/20175/31/2017
4/4/2017monthly$0.035.41%4/18/20174/20/20174/28/2017
3/2/2017monthly$0.035.6%3/14/20173/16/20173/31/2017
2/2/2017monthly$0.035.39%2/14/20172/16/20172/28/2017
1/4/2017monthly$0.035.51%1/17/20171/19/20171/31/2017
7/2/2015monthly$0.036.18%7/14/20157/16/20157/31/2015
6/2/2015monthly$0.036.17%6/16/20156/18/20156/30/2015
5/4/2015monthly$0.035.95%5/12/20155/14/20155/29/2015
3/3/2015monthly$0.035.89%3/17/20153/19/20153/31/2015
2/3/2015monthly$0.035.53%2/17/20152/19/20152/27/2015
1/5/2015monthly$0.035.81%1/13/20151/15/20151/30/2015
12/2/2014monthly$0.036.06%12/16/201412/18/201412/31/2014
11/4/2014monthly$0.036.03%11/18/201411/20/201411/28/2014
10/2/2014monthly$0.036.06%10/14/201410/16/201410/31/2014
9/3/2014monthly$0.036.13%9/16/20149/18/20149/30/2014
8/4/2014monthly$0.036.22%8/12/20148/14/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for MFS Municipal Income Trust (NYSE:MFM)
Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 9.56%
Insider Trades by Quarter for MFS Municipal Income Trust (NYSE:MFM)
Insider Trades by Quarter for MFS Municipal Income Trust (NYSE:MFM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/23/2014Maryanne L RoepkeDirectorBuy1,862$6.49$12,084.38View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MFS Municipal Income Trust (NYSE:MFM)
Latest Headlines for MFS Municipal Income Trust (NYSE:MFM)
Source:
DateHeadline
americanbankingnews.com logoVery Positive News Coverage Extremely Likely to Affect MFS Municipal Income Trust (MFM) Stock Price
www.americanbankingnews.com - May 3 at 11:20 AM
americanbankingnews.com logoMFS Municipal Income Trust (MFM) to Issue Dividend Increase - $0.03 Per Share
www.americanbankingnews.com - May 3 at 12:10 AM
americanbankingnews.com logoMFS Municipal Income Trust (MFM) Announces Monthly Dividend of $0.03
www.americanbankingnews.com - April 4 at 10:40 PM
streetinsider.com logoForm NSAR-B MFS HIGH INCOME MUNICIPA For: Nov 30
www.streetinsider.com - January 26 at 12:57 AM
seekingalpha.com logoMFS High Income Municipal Trust goes ex-dividend today
seekingalpha.com - September 21 at 10:14 AM
forbes.com logoSecure Funds with Tax-Equivalent Yields of 10% or Higher
www.forbes.com - June 17 at 5:58 PM
finance.yahoo.com logoMFS Announces Closed-End Fund Distributions
finance.yahoo.com - January 4 at 4:25 PM
thestreet.com logo4 Fantastic Closed-End Muni Bond Funds to Boost Your Income
www.thestreet.com - November 15 at 12:15 PM

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Chart

MFS Municipal Income Trust (MFM) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff